Game Analysis on the Risk of Overestimate Collateral in China
Advances in Applied Economics and Finance
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Title |
Game Analysis on the Risk of Overestimate Collateral in China
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Creator |
Gou, Ying
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Subject |
Collateral; The risk of overestimate;Stakeholders;Game analysis
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Description |
The risk of overestimate for collateral value is divided into active and passive overestimate. Passive overestimate can be resolved by a serious of measures, such as improve assessment level, improve assessment methods and strengthen supervision. But active overestimate is due to the asymmetric information which makes the borrower can indirectly control assessment report, leading to the risk is undertook by the bank. Therefore, a dynamic game model with incomplete information was established to analyze the influential factors of game behavior and the existence condition of game equilibrium in the case of the two stakeholders influence each other. Finally, a series of relevant proposals were put forward so that to promote the healthy and sustainable development for credit market.
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Publisher |
World Science Publisher
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Contributor |
This research is supported by Shanghai municipal education commission’s key discipline construction project (Project No. J50504) and the social science project of Shanghai (Project No. 2009BJB031).
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Date |
2012-09-23
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/x-download
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Identifier |
http://worldsciencepublisher.org/journals/index.php/AAEF/article/view/758
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Source |
Advances in Applied Economics and Finance; Vol 2, No 1 (2012); 308-310
2167-6348 |
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Language |
eng
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Relation |
http://worldsciencepublisher.org/journals/index.php/AAEF/article/view/758/606
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Rights |
Copyright NoticeProposed Creative Commons Copyright Notices1. Proposed Policy for Journals That Offer Open AccessAuthors who publish with this journal agree to the following terms:Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).Proposed Policy for Journals That Offer Delayed Open AccessAuthors who publish with this journal agree to the following terms:Authors retain copyright and grant the journal right of first publication, with the work [SPECIFY PERIOD OF TIME] after publication simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
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